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20121002
20121010
Search Results 0 to 21 of about 22 (some duplicates have been removed)
because romney was talking a lot about how much he likes coal, both candidates mrtalkg about energy independence and you look at how coal stocks did today, big gains there like arch coal, like alpha natural resources, is this a good place to put your money? >> well, i tell you this. it's early to be making bets on any sector and predicated against a presidential election. it is too close to call and certainly not the way you want to invest but i will tell you as we get closer and you feel more confident in the results of an election, i will tell you energy stocks in general, coal stocks in particular are certainly going to be a good investment. we'll unleash the power of the energy complex of the united states, become energy independence. there will be a lot of winners in the energy complex f there is a change in administration. >> real quickly, jobs was another big topic last night. we have the jobs report coming out tomorrow. it is expected the unemployment rate is going to go a little bit over 8%. what impact will that have on our markets tomorrow and on the election? >> it's ama
.1%. the biggest drag: the energy sector, down 1.1%. but inside the dow jones industrial average, it was hewlett-packard getting plenty of attention. it's double digit stock drop pushed shares down to a nine year low. the stock fell hard, down 13%. volume was very heavy, more than 140 million shares traded, almost six times its average daily trading pace. c.e.o. meg whitman surprised investors by warning of a deeper than expected slide in earnings next year. revenue in all of its business divisions except for software is expected to fall. >> h.p. has done a bad job adjusting to where the business environment is headed. we see stagnating revenue, we see things actually getting worse next year relative to what analysts expected and that's not necessarily something cost cutting can save in and of itself. >> tom: those job cuts will total 29,000 when they're done. h.p. also vowed to reduce the number of products it sells, and c.e.o. whitman said the biggest challenge has been c.e.o. turnover. she's the third chief executive in as many year. h.p.'s news hit others with stakes in the personal computer
0.6%, and the energy sector rising 0.5%. in the consumer staples sector, it was a couple of food stocks topping the gains. tyson foods may have benefited jpmorgan is named because it bought bear stearns as that investment bank was collapsing four and a half years ago. shares of jpm up 1.2% during the regular session it did see a little selling pressure in extended hours trading this is a single complaint alleging fraud. in the consumer staple sector it was a couple of food stocks topping the gains. tyson foods may have benefited from the american farm bureau responding to rumors of a bacon shortage last week. the farm group calls bacon shortage baloney. tyson saw heavier than usual volume with today's 4.3% rally. this is its highest price since july. and kraft foods finished at a new high on its last trading day as a combined company. after the close tonight, the company officially splits in two. its snack business, stuff like oreos, will be under the mondelez name. cheese and meats stay under the kraft title. kraft's replacement in the dow jones industrial average, united health
was comparisons, really, energy and materials are going to be the two worst comparisons. so you know, alcoa could very well have a disappointing surprisingly disappointing quarter. but i think it's a mistake to use that as a bellwether. i like to move really, this first week of earnings where you know you don't have that many companies report, give me a couple weeks worth of earnings where i can see every sector represented. you know what the economic environment is here in the states and globally. so you just cannot have high expectations. and if you have a good surprise, let's say overall earnings rather than the 2.4% let's say earnings are up, 2 to 5%, you know s that really a big surprise? i'm not really sure it is. because you are still pretty close to 0. and nobody is expecting the economy to really accelerate over the course of the next couple of quarters. >> susie: all right so, what is going to be driving investment strategy over the coming weeks and months? is it going to be the earnings or is it going to be more of the big economic picture and the elections? >> how does this play out i
. on the energy front, oil prices moved higher today. prices spiked back above $90 a barrel on concerns about supply diupti as the conflict between syria and turkey continues to escalate. after the close, chevron issued a third-quarter profit warning due to the impact of hurricane issac on oil production in the gulf of mexico. shares of chevron were down about $2 in after-hours trading. and finally, all five of the most actively traded etfs ended lower. hardest hit were powershare's q's and ishare's russell 2000. and that's tonight's "market focus." it may be a tougher christmas than expected for some of the nation's retailers. the latest survey of consumers by the n.d. group shows st one in ten plan to spend more on gifts this year than last. the retail tracking firm says the rest plan to spend the same as last year or less. and when they do shop, the results show consumers will be focused on practical items, convenience and value. coupons from web sites like groupon and living social are also popular with consumers. and deals that are sold year- round are also becoming popular holiday gifts
Search Results 0 to 21 of about 22 (some duplicates have been removed)